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in other words, a mandate to raise taxes hutton. tonight we want to take that mandate and put it into some context and perspective. this is the president's 2012 victory. but 50 -- and this is the mandate. forty-seven. the electoral votes, 3302. mesa more room here. romney's 206. that'simpressive. but there's something missing. seven and a half people. seven and a half million voters from 2008. he received and, and all right this over here, 53 percent of the vote to mccain's 46%. a little more impressive. 365 electoral votes to 1703. wait a minute. that's quite a little difference . of falloff in the popular vote and a ar less impressive electoral victory this year. let's look at the legislative branch, th senate, the house. fifty-five for democratic senators. forty-five will be republican. 200 democratic representatives to 234 in the house of representatives. he is down here. pretty impressive for the republicans. by the way, when you combine the senate and house there are still a lot more republicans than capitol hill then there ar
in other words, a mandate to raise taxes hutton. tonight we want to take that mandate and put it into some context and perspective. this is the president's 2012 victory. but 50 -- and this is the mandate. forty-seven. the electoral votes, 3302. mesa more room here. romney's 206. that'simpressive. but there's something missing. seven and a half people. seven and a half million voters from 2008. he received and, and all right this over here, 53 percent of the vote to mccain's 46%. a little more...
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Nov 28, 2012
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how about taxes? when i tell people that obama wants to lower corporate taxes they don't believe me. listen to obama and see if you can tell what he wants to do. >> we have one of the highest corporate tax rates in the world, but it's riddled with exceptions and special interest loopholes. we can lower the corporate rate if we get rid of all these specials rates. >> not increase, lower the corporate rated. he's saying it. you just don't want to listen to it. ok? he is conservative. he's a blue dog. he wants to do the same plan the republicans want to do, just a little lighter. so what's on the -- what do we know about this grand bargain and what's still on the block? first of all cutting medicare. unquestionably, no question, it has been offered in every single deal, it is offered up now, dick durbin is still talking about how they call it reform. they're cutting it, cutting it, cutting medicaid, unquestionably, that has been offered every single time and they'll cut it. they are going to lower corpor
how about taxes? when i tell people that obama wants to lower corporate taxes they don't believe me. listen to obama and see if you can tell what he wants to do. >> we have one of the highest corporate tax rates in the world, but it's riddled with exceptions and special interest loopholes. we can lower the corporate rate if we get rid of all these specials rates. >> not increase, lower the corporate rated. he's saying it. you just don't want to listen to it. ok? he is conservative....
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Nov 29, 2012
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question of corporate tax reform? has it morphed into something different than what it was? windmills have been laid out already. everybody seems to be staking out their turf. unrelated, are you related to paul bowles, the writer? >> i can answer really quickly. i am not a candidate for any job working for anybody anywhere. i am 67 years old. i have been married 42 years. i live with my wife 22 of those and the rest of the time i have been on the road. i am going home to charlotte and i will stay there. i will do anything i can on a part-time basis to help anybody where my help is helping. i am not taking any jobs nor do i think i would be the right person to be offered it. there are a lot people for that job. as far as the corporations and the senator staking out turf for windmills, everybody is like my mama. she says, she is 92 years old, you are doing all the right things, you are fiscally conservative, you are putting the nation's fiscal health in order, but do not mess with my health care. we are all like that. w
question of corporate tax reform? has it morphed into something different than what it was? windmills have been laid out already. everybody seems to be staking out their turf. unrelated, are you related to paul bowles, the writer? >> i can answer really quickly. i am not a candidate for any job working for anybody anywhere. i am 67 years old. i have been married 42 years. i live with my wife 22 of those and the rest of the time i have been on the road. i am going home to charlotte and i...
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did the comprehensive tax reform. clinton, welfare reform and balanced the budget for multiple years in the late 1990's. this is the perfect time to solve single biggest problem confronting our country and we are anxious to sit down and get the job done. \[inaudible question] >> dick durbin says as talks continue on of this booklet democrats must be open to painful topics, including medicare and medicaid. he was at the center for american progress for about 45 minutes. >> good morning, everyone. thank you for being here. i am the president of the center for american progress. we are thrilled to have senator durbin here today to talk about his views on the fiscal cliff. as we engage in this debate, i wanted to lay out a few principles that are critical as washington becomes obsessed with this set of issues. the elections have consequences. at c.a.p., we have argued that the issues that are really framing the fiscal debate and fiscal cliff were ones that were litigated in the election context. the president did not have
did the comprehensive tax reform. clinton, welfare reform and balanced the budget for multiple years in the late 1990's. this is the perfect time to solve single biggest problem confronting our country and we are anxious to sit down and get the job done. \[inaudible question] >> dick durbin says as talks continue on of this booklet democrats must be open to painful topics, including medicare and medicaid. he was at the center for american progress for about 45 minutes. >> good...
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tax and spend, not taxes to reduce deficits. taxes to fund new spending. that's why the budget, it puts us on track to have $25 trillion in total debt at the end of ten years, another almost $10 trillion in debt headed to the current debt level. so insofar as i can see, that tax-and-spend policy remains his goal today. the white house isn't planning to raise taxes to reduce the deficit, raise taxes under their plan to expand government. and that's not -- i don't believe congress will accept such a deal if that's what's going on in the secret negotiations. president obama campaigned on tax increases just on the wealthy, just on raising their rates, just only $800 billion in tax increases. but now the white house is demanding $1.6 trillion in tax increases. don't the american people have a right to see where those taxes fall, who this will impact and how much they are? shouldn't the president lay out his plan? the president of the united states, the only person who represents everybody in the country, will that remain a secret? will it just be revealed to us
tax and spend, not taxes to reduce deficits. taxes to fund new spending. that's why the budget, it puts us on track to have $25 trillion in total debt at the end of ten years, another almost $10 trillion in debt headed to the current debt level. so insofar as i can see, that tax-and-spend policy remains his goal today. the white house isn't planning to raise taxes to reduce the deficit, raise taxes under their plan to expand government. and that's not -- i don't believe congress will accept...
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agree we won't raise taxes on people making less than $250,000. we should take them out of this discussion right now. >> what is the issue with that? >> well, what congressman cole has really shown is that there's an imminent amount of good logic and sense in preserving the current tax rates for 98% of americans for a lot of reasons. one of which is the gdp dependent on consumer spending. 0% of the economy is consumer spending. if you take $2,000 on average out of pockets of consumers, it's going to hurt the economy so right away you have a low tax good economic rational behind it but there are politics here, too, of course, and that is the republican party just got she lacked in an election and learning that the only way to expand their popularity, expand their base is if they stop being perceived as the party of wealthy white people and start being perceived as more appeal and i think that congressman's statement goes to the fact that we need to separate the tax rates for the top 2% as an issue from the tax rates of everybody else. that's so-cal
agree we won't raise taxes on people making less than $250,000. we should take them out of this discussion right now. >> what is the issue with that? >> well, what congressman cole has really shown is that there's an imminent amount of good logic and sense in preserving the current tax rates for 98% of americans for a lot of reasons. one of which is the gdp dependent on consumer spending. 0% of the economy is consumer spending. if you take $2,000 on average out of pockets of...
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the middle class. >> the payroll tax goes up and the tax goes up for everybody including the people that make just barely enough to live on. my concern is the world. i'm sitting there imagining you're in england right now or australia or africa and you're watching the news every day. and you know that in the united states both political parties, you sort of know who they are, both know there's a problem, both know the number they need to reach, both know they have to reach an agreement, and they don't do it. what does it say about our country? we're the great role model for democracy for the republican form of government and we can't govern ourselves in the simplest damn thing of getting the numbers straight. i worry about that. >> they love their party more than they love their country. how did we get to that point? don't ask me, but, you know, the whole business of reform and money in the campaign and beat up the guy and it's not a case of who wins. it's you want to be sure somebody loses. and i say to people whether it's grover norquist or whatever, lord sake, if you can't step up to
the middle class. >> the payroll tax goes up and the tax goes up for everybody including the people that make just barely enough to live on. my concern is the world. i'm sitting there imagining you're in england right now or australia or africa and you're watching the news every day. and you know that in the united states both political parties, you sort of know who they are, both know there's a problem, both know the number they need to reach, both know they have to reach an agreement,...
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california's voted for taxes. californians voted for the same thing the president is proposing. >> bill: exactly. >> going back to the tax rates for those who earn $250,000 and above and so with those tools alone, california has the possibility of raising revenue. you know in the time that i was there, our budget was $110 billion. by the time i left, it was $83 billion. so the cuts to schools in particular have been absolutely devastating. finally, californians have taken a chance and are going to reverse that. >> bill: california voters said we're willing to raise taxes on the wealthiest and they also said if those republicans are just being obstructionists standing in the way we're going to get them out of the way. so you are hopeful that things can come together. the president today -- the white house announced yesterday the president is going to go on the road. he's going up to pennsylvania. to a toy factory small business on friday. he's going to be making trips around the country to build support for this ta
california's voted for taxes. californians voted for the same thing the president is proposing. >> bill: exactly. >> going back to the tax rates for those who earn $250,000 and above and so with those tools alone, california has the possibility of raising revenue. you know in the time that i was there, our budget was $110 billion. by the time i left, it was $83 billion. so the cuts to schools in particular have been absolutely devastating. finally, californians have taken a chance...
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little less than that after taxes. talking to some of those folks who are dreaming big this morning. >>> she sold 100 million records and not stopping there. dio nne warwick joins us as she celebrates 50 years in the business. "starting point" begins right now. >>> good morning. welcome, everybody "starting point" team, ron brownstein, roland martin, host of "washington watch with roland martin." why do i laugh every time you do that? >> i always do it. >> and every time i laugh. will cain is from theblaze.com. you have to come up with something else. >> i'm trying to hook you up. >> not that, please. christine romans joins us with your business. >>> susan rice returns to capitol hill this morning, little more face time with republicans. she's hoping, probably, for better outcome than she had yesterday. elise labbott joins us with details. >> ambassador rice is certainly getting a chance to sharpen her diplomatic skills. mccain, graham and ayotte yesterday said they left their meetings with ambassador rice more concern
little less than that after taxes. talking to some of those folks who are dreaming big this morning. >>> she sold 100 million records and not stopping there. dio nne warwick joins us as she celebrates 50 years in the business. "starting point" begins right now. >>> good morning. welcome, everybody "starting point" team, ron brownstein, roland martin, host of "washington watch with roland martin." why do i laugh every time you do that? >> i...
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additional tax increases equal to $600 billion. 2009 level estate tax. multiyear stimulus package starting with at least $50 billion next year alone. permanent increase in the debt ceiling, the debt limit enough to avoid it. in exchange, $400 billion in savings from the medicare and other entitlements to be worked out next year with no guarantees. that didn't go over well. syndicated columnnist charles krauthammer. what is going on here? >> you know, up until today i didn't think -- i did think that the president had shown leg on entitlement reform. he did no 2011. when the house speaker failed to reach a grand bargain. you heard signals from dick durbin said on the sunday shows that medicare had to be on the table. he circled back and say it couldn't be part of the down payment. a lot of confidence that the president is willing to go over the cliff before he would do anything to entitlement. this is the -- the ball is in the democrats' court, not in the republicans that i spoke to today. did say that the administration proposal just as boehner said is n
additional tax increases equal to $600 billion. 2009 level estate tax. multiyear stimulus package starting with at least $50 billion next year alone. permanent increase in the debt ceiling, the debt limit enough to avoid it. in exchange, $400 billion in savings from the medicare and other entitlements to be worked out next year with no guarantees. that didn't go over well. syndicated columnnist charles krauthammer. what is going on here? >> you know, up until today i didn't think -- i did...
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tax cuts for the middle class. tonight chris van hollen and jan schakowsky and the latest on the fiscal cliff. >>> the meeting with the president looks good for progressives. we'll get the scoop from james hoffa. >>> plus breaking news. republicans running the benghazi witch hunt remain disturbed and troubles. >> i'm more disturbed and significantly troubled. >> i'm more troubled. >> joan walsh on today's big meeting with susan rice. >>> and yesterday ricks rolled fox news. >> i think that the emphasis on benghazi has been extremely political because fox was operating as a wing of the republican party. >> today fox news strikes back. >>> good to have you with us tonight, folks. thanks for watching. the white house is keeping republicans in a box. president obama is hitting the road to push the extension of tax cuts for income, for folks under $250,000 a year. the president will kick off his tour in southeastern pennsylvania on friday. today he met with small business owners at the white house and tomorrow he plans
tax cuts for the middle class. tonight chris van hollen and jan schakowsky and the latest on the fiscal cliff. >>> the meeting with the president looks good for progressives. we'll get the scoop from james hoffa. >>> plus breaking news. republicans running the benghazi witch hunt remain disturbed and troubles. >> i'm more disturbed and significantly troubled. >> i'm more troubled. >> joan walsh on today's big meeting with susan rice. >>> and...
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and not a taxing problem. we've got to make significant changes in these programs to make our federal entitlements sustainable and in line with the day's demographics. and we need democrats to join us in that effort. just to put a fine point on all that, madam president, i want to just mention what the, again, the nonpartisan congressional budget office's report which was issued on november 12 of this year, just a couple of weeks ago said -- and i quote -- "with the population aging and health care costs per person likely to keep growing faster than the economy, the united states cannot sustain the federal spending programs that are now in place." that's from the congressional budget office. the president's own fiscal commission, the simpson-bowles commission noted in its official report, and i quote again, "federal health care spending represents our single largest fiscal challenge over the long run." earlier this month "the washington post" in its editorial board said, and i quote again, "entitlement reform
and not a taxing problem. we've got to make significant changes in these programs to make our federal entitlements sustainable and in line with the day's demographics. and we need democrats to join us in that effort. just to put a fine point on all that, madam president, i want to just mention what the, again, the nonpartisan congressional budget office's report which was issued on november 12 of this year, just a couple of weeks ago said -- and i quote -- "with the population aging and...
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tax. today this tax -- also known as the estate tax -- is set up at a top rate of 35%, with an exception for the first $5.1 million of the estate's value. well, those are the levels that congress set and the president agreed to in 2010. a republican house of representatives, democrat senate, as well as the president -- democrat in the white house. 2010. those are th levels are now setp dramatically to a top rate of 55% with an compe exemption fort the first $1 million. $1 million as you understands like a lot of money -- $1 million sounds like a lot of money until you start looking at family farms. farmers have a lot of assets such as land, buildings and livestock. those things are worth a lot of money for purposes of calculating the value of someone's estate. but they aren't liquid assets. you can't just spend a tractor. once a mom or dad dies in the farm family, the i.r.s. wants the death tax paid within nine months. the taxes collected -- though it is calculated on the big valuations fo
tax. today this tax -- also known as the estate tax -- is set up at a top rate of 35%, with an exception for the first $5.1 million of the estate's value. well, those are the levels that congress set and the president agreed to in 2010. a republican house of representatives, democrat senate, as well as the president -- democrat in the white house. 2010. those are th levels are now setp dramatically to a top rate of 55% with an compe exemption fort the first $1 million. $1 million as you...
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as a tactical matter, they feel they don't want to give in on the tax -- the tax cuts only for income below $250 thousand dollars feeling they've lost the leverage to push far deal on entitlements. there are only ten legislative days to work something out here. they seem dug in and unwilling to do what everybody knows they have to do and that's reach a comprehensive deal. >> i'm not totally sold on the idea that the republicans aren't being totally unreasonable. i think i see some signs of reasonableness and i think what they're trying to do is find a way to convince the base, look, we tried. we got pushed in to a corner. we had to raise rates on the highest earners, trying to find a path to, yes, first read talked about this. translation house republicans don't have the upper hand in the negotiations. they will have to grapple with raising rates at least in the short term and cole is giving them a way out of the box short term which is the do on the de-couple on the upper rates and live to fight another day and raising rates and not crushed by the base and kicked out of the d.c. do y
as a tactical matter, they feel they don't want to give in on the tax -- the tax cuts only for income below $250 thousand dollars feeling they've lost the leverage to push far deal on entitlements. there are only ten legislative days to work something out here. they seem dug in and unwilling to do what everybody knows they have to do and that's reach a comprehensive deal. >> i'm not totally sold on the idea that the republicans aren't being totally unreasonable. i think i see some signs...
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in taxes. martha: concerns over america's fiscal cliff have sent the markets lower in premarket trading. there is a look at where the dow is poised to open this morning. with the dow, the s & p and the nasdaq all trading lower. speaking of that, a new round of violent protests break out in egypt as police fired teargas into the crowds. here are some of those scenes. >> unbelievable. more than 100,000 people flooded into downtown cairo. this time they are protesting the current president martha maccallum and his power grab. they are disillusioned with what he has brought to their country. then you have this happening. police firing teargas. gypt's highest courts refusing to work in protest of morsi's actions. steve harrigan is streaming live from cairo. the protests looked like the unrest we saw in that same square back in 2009 and the arab spring and the overthrow of mubarak. how dangerous is it? is it more dangerous now? >> this certainly allows similarities between what we saw last night and
in taxes. martha: concerns over america's fiscal cliff have sent the markets lower in premarket trading. there is a look at where the dow is poised to open this morning. with the dow, the s & p and the nasdaq all trading lower. speaking of that, a new round of violent protests break out in egypt as police fired teargas into the crowds. here are some of those scenes. >> unbelievable. more than 100,000 people flooded into downtown cairo. this time they are protesting the current...
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by entities real-estate taxes and income taxes? you are buying into that? sandra: i have to believe in it. property taxes are very high but illinois is better off than a lot of the other 11 states mentioned in this forum to write a. there are 105 acres in illinois for every 100 givers and as many other states that are far worse off, where are you going to go? i choose to believe in my own state. texas is far better off. what you going to do in texas? work in the oil industry? you have proximity to your job. stuart: i couldn't do this show from texas. sandra: i am not willing to give up that quickly. stuart: get your views later. we will hear from you later. charles: whatever steve said. stuart: a moment ago with you heard my take on the california so-called come back, now we are going to hear from california's own mike reagan from reagan.com. welcome back. headline in the new york times you know what i'm talking about. california finds economic gloom starting to lift and the premise of their argument is those tax increases will produce a budget surplus in c
by entities real-estate taxes and income taxes? you are buying into that? sandra: i have to believe in it. property taxes are very high but illinois is better off than a lot of the other 11 states mentioned in this forum to write a. there are 105 acres in illinois for every 100 givers and as many other states that are far worse off, where are you going to go? i choose to believe in my own state. texas is far better off. what you going to do in texas? work in the oil industry? you have proximity...
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his tax cuts were far bigger than his tax increases. and the so-called amnesty in the time of the cold war. a lot of people were fleeing communism in nicaragua and in cuba and even then extremely strict regulations for gaining american citizenship. >> i guess the question i have, and you talk about conservatism, the basis of it, part of it is to be inflexible. >> and that's fine. but i think you wrote at one time, one of the marks of conservatism, these principles, and you have to be inflexible about it. when does pragmatism come in. i'm at 70%? >> i suppose at a time of national crisis and a time of war, doing world war ii we have to set aside certain things. we are not in that situation. these are relatively small problems. the problem with the republican party, as i said before, it's not making the case of its principles which is about less government and more freedom. you see nothing coming from the republican -- >> romney's entire message in the last three months of the campaign. now we could argue that he didn't do a good job the
his tax cuts were far bigger than his tax increases. and the so-called amnesty in the time of the cold war. a lot of people were fleeing communism in nicaragua and in cuba and even then extremely strict regulations for gaining american citizenship. >> i guess the question i have, and you talk about conservatism, the basis of it, part of it is to be inflexible. >> and that's fine. but i think you wrote at one time, one of the marks of conservatism, these principles, and you have to...
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we know an increase in the marginal tax rates, that's a tax increase. but what about capping deductions? from your standpoint of the pledge, would that be considered a violation of the pledge to cap deductions, as some republican lawmakers are now suggesting? >> this is not a trick question. the pledge says no raising rates, no broadening the base unless rates come down dollar for dollar. the pledge is only two sentences but they are very clear. one of the reasons why eliminating deductions and credits, obama wants a trillion plus dollars worth of tax increase that way, is that if you do that, you've just got a tax reform for decades to come, because how do you reduce marginal tax rates so we can become competitive in the world on the corporate and the individual side, if you have already given away to the appropriators and spenders all the deductions and credits. >> one final question, grover. it seems some liberals out there want to make this personal. more and more about you, about your role in encouraging these republicans by and large to support th
we know an increase in the marginal tax rates, that's a tax increase. but what about capping deductions? from your standpoint of the pledge, would that be considered a violation of the pledge to cap deductions, as some republican lawmakers are now suggesting? >> this is not a trick question. the pledge says no raising rates, no broadening the base unless rates come down dollar for dollar. the pledge is only two sentences but they are very clear. one of the reasons why eliminating...
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they like taxes? >> it's a pledge not to increase taxes. people say why don't you toughen it. you don't want to change it because it is a simple guardrail. it doesn't solve the world's problems, it says no net tax increase. >> in your mind when someone signs it, how long are they committed to it? >> in writing when the person signs it as long as you are a congressman or senator. >> you are signing this for life? >> unless you intend to be a congressman for all of your life. >> a career decision. >> if someone tells you they are pro-life or pro-choice, is this 18 months or a year? how long are you pro-choice? you are telling someone who you are. i'm the kind of guy who is pro- choice or pro-life. two people have brought that up. latourette who decided to leave congress he said yeah i made that promise a long time ago and i went into district and talked about banks and mortgage. mortgage, that was 20 years ago. you are still sending me letters. people make a commitment. it's an easy simple commitment an
they like taxes? >> it's a pledge not to increase taxes. people say why don't you toughen it. you don't want to change it because it is a simple guardrail. it doesn't solve the world's problems, it says no net tax increase. >> in your mind when someone signs it, how long are they committed to it? >> in writing when the person signs it as long as you are a congressman or senator. >> you are signing this for life? >> unless you intend to be a congressman for all of...
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this is a -- this is a provision in the law that i worked on, in fact, with tax the gentleman from oklahoma anded sait something simple, if you are adjudicated mentally infirm you're on the same list that prevents you from buying a gun as if you're a felon. in my judgment, i love our veterans, i vote for them all the time, they defend us. but if you are mentally ill, whether you're a veteran or not, just like if you're a felon, if you're a veteran or not, and you have been judged to be mentally infirm, you should not have a gun. and that no amendment, my friend, is absolute. the first amendment is not absolute, you're against antipornography laws. the third, fourth, fifth, sixth, seventh, and eight and ninth amendments are absolute and as much as i believe in the second amendment and the right to bear arms and was a supporter of the heller amendment neither is the second amendment. i continue my objection to the provision. mr. mccain: may i be recognized? the presiding officer: the senator from arizona. mr. mccain: what we have here after 12 hiewrs today, eight hours yesterday and 42 amendm
this is a -- this is a provision in the law that i worked on, in fact, with tax the gentleman from oklahoma anded sait something simple, if you are adjudicated mentally infirm you're on the same list that prevents you from buying a gun as if you're a felon. in my judgment, i love our veterans, i vote for them all the time, they defend us. but if you are mentally ill, whether you're a veteran or not, just like if you're a felon, if you're a veteran or not, and you have been judged to be mentally...
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their fair share of taxes. we're losing $100 billion a year because corporations and the wealthy are stark their money in the cayman -- are stashing their money in the cayman islands and other havens. defense spending tripled since 1997. we're now spending almost as much as the rest of the world combined. let's take a serious look at defense spending. madam president, you do that, and you make some efficiencies in medicare and medicaid. make them more efficient. not cut benefits. you can move towards serious deficit reduction without cutting social security, without cutting medicare, without cutting medicaid. we just had an election a few years ago -- a few weeks ago. november 6. and what the american people, ii think, said is the time is now for the wealthy to start paying their fair share of taxes. we have seen poll after poll after poll including from some very conservative people who are saying do not cut social security, medicare and medicaid. i think it is time for the united states senate and the congres
their fair share of taxes. we're losing $100 billion a year because corporations and the wealthy are stark their money in the cayman -- are stashing their money in the cayman islands and other havens. defense spending tripled since 1997. we're now spending almost as much as the rest of the world combined. let's take a serious look at defense spending. madam president, you do that, and you make some efficiencies in medicare and medicaid. make them more efficient. not cut benefits. you can move...
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Dec 5, 2012
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on another tax problem, tax fund, yes cut through all the jews rate against -- [inaudible] but surely it needs to be more robust. if it is going to be a meaningful priority, let's say to coordinate against corporate tax conjuring, surely has to start a reason to think the controls -- that he made in the last budget. >> first of all can i thank him for the support he has given for the decision to provide ultrafast broadband, and i want to congratulate the city for a very, very good did which competed against other bids across the uk. he's also right to say that we are helping the northern islands energy sector with decisions on the carbon price which i detest a semi-statement to announce but are in the book. am glad he acknowledges those. any more broadly what i would say to him is northern ireland will benefit, the rest of uk will benefit when we help people and work hard and want to get on with doing that with personal allowance, when we help people who are small businesses with fuel duty, we're doing all these things making sure they are outlined to the northern ireland's. >> with i
on another tax problem, tax fund, yes cut through all the jews rate against -- [inaudible] but surely it needs to be more robust. if it is going to be a meaningful priority, let's say to coordinate against corporate tax conjuring, surely has to start a reason to think the controls -- that he made in the last budget. >> first of all can i thank him for the support he has given for the decision to provide ultrafast broadband, and i want to congratulate the city for a very, very good did...
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Nov 28, 2012
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tax increases are not. but underlying all of that, foundational to all of that, is putting america back to work. getting americans back into their jobs. if we do that we will clearly increase employment and when you increase employment you always increase tax revenue to the federal government, to state governments and local governments. so our principle task as i see it and i think i'm joined by many of my colleagues, both democratic and republican, is to get the american economy going. to put it back in gear. and there are many reasons beyond just employment and the opportunities that family have -- families have to make it. one of the critical elements in all of this is to protect americans. we recently saw superstorm san joaquin smash into -- sandy smash into new jersey and new york with devastating results. loss of life, incredible loss of property, both public and private, and a very, very big cleanup bill. joining me in a little while will be some of our representatives from the state of new york. and
tax increases are not. but underlying all of that, foundational to all of that, is putting america back to work. getting americans back into their jobs. if we do that we will clearly increase employment and when you increase employment you always increase tax revenue to the federal government, to state governments and local governments. so our principle task as i see it and i think i'm joined by many of my colleagues, both democratic and republican, is to get the american economy going. to put...
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Nov 28, 2012
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whether it's 3r079 tax, income tax. they are saying you may have to leave because businesses are leaving. if you own a home and you have a job in one of these states you could get transferred out. there is a likelihood your company would leave. megyn: how soon do they predict the doomsday scenario. >> reporter: there isn't a time horizon. but if you look at the pension crisis in california and new york you see things starting to come to a head. you look -- there are towns in california that have gone bankrupt that are now not paying out, and this is becoming a huge issue in court how they will handle this going forward. we see a lot of these problems coming to a head and you don't know how it will play out over time. they are saying staley kid, stay mobile. don't own muni bonds. megyn: never say muni bonds on "america live" ever. my viewers get it but i don't get it. it has something to do with government that may pay money or may not. >> reporter: can i say "money" with melissa francis? megyn: see you tonight. fbn. har
whether it's 3r079 tax, income tax. they are saying you may have to leave because businesses are leaving. if you own a home and you have a job in one of these states you could get transferred out. there is a likelihood your company would leave. megyn: how soon do they predict the doomsday scenario. >> reporter: there isn't a time horizon. but if you look at the pension crisis in california and new york you see things starting to come to a head. you look -- there are towns in california...
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Nov 29, 2012
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we want increased taxes. if republicans, if you guys want entitlement reforms, you need to name them. republicans are saying, the white house and democrats know what we want when it comes to medicare, when it comes to social security. they need to actually come out and pick them. democrats, on the other hand, are almost kind of like, no, you guys need to name this stuff first before we start talking about it. again, thomas, we really are in the stage right now where this is a lot more about pr. it's about press conferences rather than hard negotiating. which we won't reach until about mid-december. >> mark murray, thank you, sir. i appreciate it. >>> coming up in less than a half an hour from now, the start of the u.n. general assembly session that is expected to result in an overwhelming approval of a resolution recognizing palestine as a state. that resolution is strongly opposed by israel and the u.s. which failed n eed in its effor prevent today's vote. joining me now is israeli vice minister, silvan shal
we want increased taxes. if republicans, if you guys want entitlement reforms, you need to name them. republicans are saying, the white house and democrats know what we want when it comes to medicare, when it comes to social security. they need to actually come out and pick them. democrats, on the other hand, are almost kind of like, no, you guys need to name this stuff first before we start talking about it. again, thomas, we really are in the stage right now where this is a lot more about pr....
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Nov 28, 2012
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is it a robin hood tax? the idea that tax and lower rate is because it is more free- flowing than people. you tax people for ordinary and come. if you get people to not want to do something or do something differently, move somewhere else because of a tax rate, it's a lot harder to make that decision. capital flows easier them people. that is why the debate is still going on. whether or not it will be beneficial, it remains to be seen. host: fort myers, fla., republican mike, you are on with doom and it to -- dominic chu from bloomberg. comments are a little less than one hour. [speaking in french] that is it for my french. thank you very much for joining us. it is an honor to haveou. let me explain how this will work. we have been here since o'clock this morning. we have had a packed day. this might be the highlight. here is what we will do -- i have a few questions i would like to ask the prime minister. we appreciate you doing this format. i think this is more fun. >> i appreciate you having us here. >> i
is it a robin hood tax? the idea that tax and lower rate is because it is more free- flowing than people. you tax people for ordinary and come. if you get people to not want to do something or do something differently, move somewhere else because of a tax rate, it's a lot harder to make that decision. capital flows easier them people. that is why the debate is still going on. whether or not it will be beneficial, it remains to be seen. host: fort myers, fla., republican mike, you are on with...
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tax hikes on the rich. republicans have said, well, we don't want that, but we will put revenue on the table if you agree to some spending cuts. and now both sides are saying you show us your proposed spending cuts first. do i have it about right, marc? >> yeah, about right, essentially. look, the president -- i think it's very clear, i think at least, that the democrats want to go off the fiscal cliff. you can see it in the fact that president obama's out there campaigning instead of sitting down with john boehner, running around pushing for a bill to increase -- extend just the middle class tax cuts which he knows republicans will never do. you can see it in the fact that 33 senate democrats signed this letter which says, quote, we will oppose including social security cuts for current or future pen fisheries in any -- beneficiaries at any time. that's signed by harry reid. senator durbin giving a speech saying no touching medicare or medicaid in any year end package. so, basically, the democratic positio
tax hikes on the rich. republicans have said, well, we don't want that, but we will put revenue on the table if you agree to some spending cuts. and now both sides are saying you show us your proposed spending cuts first. do i have it about right, marc? >> yeah, about right, essentially. look, the president -- i think it's very clear, i think at least, that the democrats want to go off the fiscal cliff. you can see it in the fact that president obama's out there campaigning instead of...
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Dec 5, 2012
12/12
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doing a tax cut. give them a big giveaway. the reality, the reality is, the reality the prime minister couldn't get away from, the deficit is going up, not down, on his watch. we all remember the posters which is airbrushed, i will cut the deficit, not the nhs. the facts speak for themselves. he cut the nhs and is not cutting the deficit. >> we are increasing spending on the nhs and we are cutting the deficit. we have cut the deficit by 25%. there are a million more private sector jobs. businesses are starting at higher rate than any time in our history. this economy is on the right track. we are equipping britain for the global race and on like the party opposite we are in the side of people who work hard and want to do the right thing. what is the answer? more borrowing, more spending, more of the things that got us into this mess in the first place. >> mr. speaker, years ago the nhs spent five hundred million pounds on tamiflu without seeing the day on the effectiveness or safety and rather than be
doing a tax cut. give them a big giveaway. the reality, the reality is, the reality the prime minister couldn't get away from, the deficit is going up, not down, on his watch. we all remember the posters which is airbrushed, i will cut the deficit, not the nhs. the facts speak for themselves. he cut the nhs and is not cutting the deficit. >> we are increasing spending on the nhs and we are cutting the deficit. we have cut the deficit by 25%. there are a million more private sector jobs....
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Nov 29, 2012
11/12
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CNBC
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last year the payroll tax cut, that got extended, scott, on december 23rd. this is going to go right down to december 21st in avoiding the fiscal cliff. don't think anything differently. >> today one of the streets most bullish market watchers is is making a pretty bold prediction saying the s&p 500 is going to rally 17% by the end of next year. tony dwire joins us now. good to have you. >> thanks. >> i'm wondering how you're dealing with your predictions and your forecasting on the markets when you have such gyrations due to what's going on with the fiscal cliff. >> well, truthfully, you know, hopefully what makes me a little bit different on the street, i really try not to guess. what they're going to say, it's impossible. what i fall back to is what's the tactical outlook? we had a nice 5% move off of that low. our view is you've always retested that kind of intermediate term low. we're looking for a little pullback. ultima ultimately, don't fight the fed and don't fight the tape. when i talk to people, you kind of think about it. why isn't it follow the
last year the payroll tax cut, that got extended, scott, on december 23rd. this is going to go right down to december 21st in avoiding the fiscal cliff. don't think anything differently. >> today one of the streets most bullish market watchers is is making a pretty bold prediction saying the s&p 500 is going to rally 17% by the end of next year. tony dwire joins us now. good to have you. >> thanks. >> i'm wondering how you're dealing with your predictions and your...
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Nov 28, 2012
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no, tax all their income. so they've signalled even worse options than just voting for the big tax cut they're going to get to vote for on january 3rd. >> thank you both for joining me. >> thank you. >>> coming up, is america ready for bush 3.0? and the politics of attacking susan rice. why senators might be interested in preventing her being nominated as secretary of state. could the massachusetts senate seat have anything to do with it? and in the rewrite, what republicans do not understand about hispanic voters and why that means democrats will keep winning. new trident layers juicy berry + tangy tangerine is a thrilling, dual-flavored ride to mouth fun-town. but it's not like everyone is going to break into a karaoke jam session. ♪ this will literally probably never happen. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with
no, tax all their income. so they've signalled even worse options than just voting for the big tax cut they're going to get to vote for on january 3rd. >> thank you both for joining me. >> thank you. >>> coming up, is america ready for bush 3.0? and the politics of attacking susan rice. why senators might be interested in preventing her being nominated as secretary of state. could the massachusetts senate seat have anything to do with it? and in the rewrite, what...
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Nov 28, 2012
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no, tax all their income. so they've signalled even worse options than just voting for the big tax cut they're going to get to vote for on january 3rd. >> thank you both for joining me. >> thank you. >>> coming up, is america ready for bush 3.0? and the politics of attacking susan rice. why senators might be interested in preventing her being nominated as secretary of state. could the massachusetts senate seat have anything to do with it? and in the rewrite, what republicans do not understand about hispanic voters and why that means democrats will keep winning. >>> is america ready for bush 3.0? not tonight, but will 51% of american voters be ready for bush 3.0 in 2016? what jeb bush is doing this week to get them ready, that's coming up. and republicans can continue the attacks on susan rice. one senate seat. that's next. with the spark cash card from capital one, olaf gets great rewards for his small business! pizza! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium deli
no, tax all their income. so they've signalled even worse options than just voting for the big tax cut they're going to get to vote for on january 3rd. >> thank you both for joining me. >> thank you. >>> coming up, is america ready for bush 3.0? and the politics of attacking susan rice. why senators might be interested in preventing her being nominated as secretary of state. could the massachusetts senate seat have anything to do with it? and in the rewrite, what...
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that's how you can raise tax revenue without raising tax rates. although technically that goes against grover norquist's pledge. >> well, we've already put a plan out in the budget committee. as you said, i am a part of that budget committee. and we put out the fundamentals of that, where we would have a plan where we would have pro-growth tax reform, and that means something fairer, flatter and simpler, and a portion of that is to look at the deductions that right now really do benefit those in the upper income, and that we're willing to look at those, and to make sure that what we do does bring in more revenue by robust economy. >> and it wouldn't be a violation of a sort of a marriage vow to grover norquist. he has said that violating his pledge is somehow akin to, you know, violating your marriage vows. you don't -- your deal is with your constituents, not with grover norquist? >> that's right. that's exactly right. >> i want to talk a little bit about the debt ceiling because this is coming into play here. grover norquist, again, has written
that's how you can raise tax revenue without raising tax rates. although technically that goes against grover norquist's pledge. >> well, we've already put a plan out in the budget committee. as you said, i am a part of that budget committee. and we put out the fundamentals of that, where we would have a plan where we would have pro-growth tax reform, and that means something fairer, flatter and simpler, and a portion of that is to look at the deductions that right now really do benefit...
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Dec 4, 2012
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the nonpartisan tax policy center called it mat mathematicy impossible to give tax breaks to the rich without harming the middle class. this is something that former president clinton said during the campaign. it's arithmetic. given the choice between the millionaires and billionaires and the middle class, the republicans again sided with the wealthy of this country. their plan doesn't just keep rates low for the richest 2%, it actually lowers them further. the democrats' plan would protect 98% of families and 97% of small businesses from painful tax increases by asking the top 2% to pay a little bit more. the republicans' plan, on the other hand, is more of the same. not only does 2 balance the budget on the backs of the middle class, it voids our promise to seniors with steep cuts to social security and medicare, all to pay for even more handouts to the rich. at least we now know where they stand. republicans have sought to cover by invok invoking erskine bowle' name. he has disavowed their plan. we're glad to see the republicans join in the negotiating process. while their proposal
the nonpartisan tax policy center called it mat mathematicy impossible to give tax breaks to the rich without harming the middle class. this is something that former president clinton said during the campaign. it's arithmetic. given the choice between the millionaires and billionaires and the middle class, the republicans again sided with the wealthy of this country. their plan doesn't just keep rates low for the richest 2%, it actually lowers them further. the democrats' plan would protect 98%...
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Nov 28, 2012
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cut dilemma. >> every republican in congress signed a no tax pledge created by americans for tax reform chair, grover norquist. now some republicans are abandoning the anti-tax pledge as fast as they abandoned -- what's his name? i got it. don't help me. don't help me. rip flaumbe. >> we recently reported "the on june" satire newspaper named north korean leader kim jong un the sexiest man alive. apparently the joke was lost on china's communist party newspaper. they ended up running a 55-page spread of the leader congratulating him for the title. you can understand how that can be confusing, you know, his fashion sense. >> because i'm gullible? >> a little bit of everything. come on. you've got to have found with it. >> the "two and a half men" with thing, should we believe the video where he was live or the pr statement? >> i think we should believe he makes $350,000 an episode and that's enough said. >>> this is from care 11 news in minneapolis, where a wave of baby blue swept through a maternity ward for three days. delivery room doctors shouted it's a boy 19 consecutive times betwee
cut dilemma. >> every republican in congress signed a no tax pledge created by americans for tax reform chair, grover norquist. now some republicans are abandoning the anti-tax pledge as fast as they abandoned -- what's his name? i got it. don't help me. don't help me. rip flaumbe. >> we recently reported "the on june" satire newspaper named north korean leader kim jong un the sexiest man alive. apparently the joke was lost on china's communist party newspaper. they ended...
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Dec 2, 2012
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employees went to the budget forrum to hear what happens next now at this voter have voted to raise taxes to support public education. among in attendance was a third year seoul sociology student. he seek what is most students want. more classes. he addressed panel which included the university president and vice president. he asked if the extra funds from pop 30 will give student what is they need most. >> 27 million-dollar deft deaf sit which is probably going lead to more class cuts, more sections being cut which will further impede students from garage weight on time. >> the president took time to answer many questions. but when asked about classes being safed he couldn't geoff a tentative answer. >> hope i will that means there will be more resources and we can hire more. >> the carrera cher this is a hope. >> the reality is he's probably going to be forced to cut more classes because he's not going -- not going to cut any administrative blow or any administration where i believe is one of the main thing this is a should be cut. >> on the subject of measure d which wages minimum twin
employees went to the budget forrum to hear what happens next now at this voter have voted to raise taxes to support public education. among in attendance was a third year seoul sociology student. he seek what is most students want. more classes. he addressed panel which included the university president and vice president. he asked if the extra funds from pop 30 will give student what is they need most. >> 27 million-dollar deft deaf sit which is probably going lead to more class cuts,...
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Nov 28, 2012
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the president wants higher taxes for the wealthy. and un ambassador susan rice went to capitol hill to meet with republican senators. she's high on the list to secretary of state. she's been under fire from senate republicans over the attac killed four americans, including u.s. ambassador chris stevens. today's meeting did not go well. >> we're doubled by many of the answers that we got. i'm more disturbed now than before. >> the republican senators stopped short of saying they'd block the nomination. they say they need more information and have more questions about the incident in benghazi. >> we're coming up on december to 1. that is the day mayans said the world would end. one scientist has been answering countless letters about the rumors. david morrison has a big job. >> iville lun teared to answer the questions the public sends in. >> some of the pivotal scientific questions of our time. >> these are questions about life in the universe. and that went along fine until fours years ago. suddenly i started getting questions about
the president wants higher taxes for the wealthy. and un ambassador susan rice went to capitol hill to meet with republican senators. she's high on the list to secretary of state. she's been under fire from senate republicans over the attac killed four americans, including u.s. ambassador chris stevens. today's meeting did not go well. >> we're doubled by many of the answers that we got. i'm more disturbed now than before. >> the republican senators stopped short of saying they'd...
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Nov 29, 2012
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we can raise tax revenue by simplifying the tax code, not increasing tax rates. we can address wasteful government spending that jeopardize an hour commitments in the national defense and protecting our most honorable. we can jump-start our economy by assuring americans that congress and the president can work together to get the job done and deal courageously with the pressing problems of today. when it comes to the fiscal cliff, the president and congress will either fail together or we will succeed together. there is nothing in between. i am confident that we can pass the test and do what is good and right for the american people. >> the president has been talking a lot about taxes lately, and as acpa who practiced for years and a member of ways and means committee, there is no one who likes to talk about tax more than i do. but let's be honest -- talking about taxes is not going to solve the problem that america faces. we have to turn to the spending side of the ledger. furthermore, his tax proposal will kill about 700,000 jobs and do harm to the economy, aga
we can raise tax revenue by simplifying the tax code, not increasing tax rates. we can address wasteful government spending that jeopardize an hour commitments in the national defense and protecting our most honorable. we can jump-start our economy by assuring americans that congress and the president can work together to get the job done and deal courageously with the pressing problems of today. when it comes to the fiscal cliff, the president and congress will either fail together or we will...
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Dec 4, 2012
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but it has no tax increases. if it raises revenue through closing tax loopholes and deductions. the white house immediately rejected the republicans' proposal. the president is saying that he would not accept a proposal without a tax increase for wealthier americans. >> the senate has approved president obama stores to be the top commander in afghanistan. lawmakers cleared the way for general joseph dunford, the assistant commanding of the marine corp's, to take over as head of the u.s. coalition forces in afghanistan. done for what replaced general john allen, the current commander who has been -- >> let's take a live look outside and mount cam. we have some salts and on the horizon we do have some rain that is headed our way and we will have details coming up in a bit. the study as today shows the number of terrorist attacks every year has more than quadrupled in the decade since september 11, 2001. the number of annual deaths peak in 2007 during the height of the iraq conflict. it has been falling ever since. this survey reports more than 7000 deaths since 2011, that is 25 pe
but it has no tax increases. if it raises revenue through closing tax loopholes and deductions. the white house immediately rejected the republicans' proposal. the president is saying that he would not accept a proposal without a tax increase for wealthier americans. >> the senate has approved president obama stores to be the top commander in afghanistan. lawmakers cleared the way for general joseph dunford, the assistant commanding of the marine corp's, to take over as head of the u.s....
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Nov 29, 2012
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taxes concern small business owners who met with the president yesterday. one of them runs an organic mushroom company. he told us that higher taxes will kill his business. >> we are most passionate about, a business like ours, if people are going to be taxed a couple more thousand dollars, that will affect us, as well. >> he admits his small business has benefited from programs he and friend started it three years and now they have 31 employees. >>> for the first time since the election, president obama will meet privately with the man he beat in the race for president, mitt romney. they will talk tomorrow about ideas reviving the economy. president obama said that he would reach out to mitt romney and hold that private meeting after the election. today the president met with yahoo ceo marissa myer. she is trying to avoid the fiscal cliff. and she told a reporter, quote the baby has been way easier than everybody made it out to be. 37-year-old added she had an easy pregnancy and two-year-old son has been easy. she is very clear on her priorities, god, fami
taxes concern small business owners who met with the president yesterday. one of them runs an organic mushroom company. he told us that higher taxes will kill his business. >> we are most passionate about, a business like ours, if people are going to be taxed a couple more thousand dollars, that will affect us, as well. >> he admits his small business has benefited from programs he and friend started it three years and now they have 31 employees. >>> for the first time...
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Nov 30, 2012
11/12
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KTVU
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it would have increased the sales tax, raising a billion dollars over three years. that money would have funded improvements in transit, roads and freeways. >>> it turns out there is ice up there. the announcement from nasa. >> today the senate took a vote on bringing troops home from afghanistan but will it speed up the u.s. withdrawal. >> and the ktvu ipad app is ready to download, watch news, traffic, weather and video of breaking news anytime anywhere. with all these different kinds of coffee. actually, i just press this button. brew what you love, simply. keurig. i wish i had u-verse when i was your age. in my day, we didn't have these fancy wireless receivers. blah blah blah. if i had a sleepover, i couldn't just move the tv into the playroom. no. we had to watch movies in the den because that's where the tv outlet was. and if dad was snoring on the couch, we muscled through it. is she for real? your generation has it made. [ male announcer ] the wireless receiver only from at&t u-verse. get a free wireless receiver with a qualifying u-verse plan. rethink poss
it would have increased the sales tax, raising a billion dollars over three years. that money would have funded improvements in transit, roads and freeways. >>> it turns out there is ice up there. the announcement from nasa. >> today the senate took a vote on bringing troops home from afghanistan but will it speed up the u.s. withdrawal. >> and the ktvu ipad app is ready to download, watch news, traffic, weather and video of breaking news anytime anywhere. with all these...
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Nov 28, 2012
11/12
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COM
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. >> trillions of dollars of spending cuts and tax increases that are going to happen when the ball drops on new year's eve unless president obama and congress come to some sort of compromise. >> stephen: all right so, we're all doomed. >> it's like the movie thaw you have to either cut off your arm or die. so they will come-- they will cut off their arm. >> stephen: do you know, do you know what kind of ratings the news could get if they could get politicians to cut off their arms on camera? okay. -- (cheers and applause) >> stephen: as i said senior white house correspondent for abc news. the only news anybody watches any more. >> i think that's true. >> stephen: and you have got eye new book here called the outpost, an untold story of american valor. this is about the war in afghanistan. >> it's about one combat outpost in afghanistan, 14 miles from the pakistan border, built at the bottom of three very steep mountains, built in 2006. and overrun in 2009 by the taliban. >> stephen: let's put a picture of this space right here. >> that's it. >> stephen: the space is at the bottom not up
. >> trillions of dollars of spending cuts and tax increases that are going to happen when the ball drops on new year's eve unless president obama and congress come to some sort of compromise. >> stephen: all right so, we're all doomed. >> it's like the movie thaw you have to either cut off your arm or die. so they will come-- they will cut off their arm. >> stephen: do you know, do you know what kind of ratings the news could get if they could get politicians to cut off...
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that the israeli government has taken is that they have frozen some one hundred million dollars in tax money that is welcome it's on behalf of the palestinian authority has built a painful blow to the p.a. because essentially can only cover around seventeen percent of its needs the rest of the money comes from this tax money comes from the united states from the european union if you look at the sick the population in this country they too are also unhappy they do not believe that the israeli prime minister netanyahu will go ahead with building these units they believe that it's almost a cheap route by netanyahu to try and gain support ahead of january's elections and that this is an internal matter to try and really build votes the middle yahoo government essentially sees this but and perhaps i should say not just in the technology government but many israelis feel that it was a one sided resolution that was put forward at the united nations and the point being made by the government is that they cannot be any kind of unilateral moves on the palestinian side they need to first be nego
that the israeli government has taken is that they have frozen some one hundred million dollars in tax money that is welcome it's on behalf of the palestinian authority has built a painful blow to the p.a. because essentially can only cover around seventeen percent of its needs the rest of the money comes from this tax money comes from the united states from the european union if you look at the sick the population in this country they too are also unhappy they do not believe that the israeli...